Repeals provisions prohibiting the conduct of unregistered interactive fantasy sports contests; provides that interactive fantasy sports contests are not considered a contest of chance constituting a gambling offense under the penal law.
Sports betting and fantasy contests authorization provision, sports betting and fantasy contests taxation provision, licenses establishment, and appropriation
Includes contests wherein participants select whether athletes, in the case of sporting events, shall accumulate more or less than a target score set by an operator, as an interactive fantasy sports contest; provides a definition for interactive fantasy sports gross revenue; makes related provisions.
Includes contests wherein participants select whether athletes, in the case of sporting events, shall accumulate more or less than a target score set by an operator, as an interactive fantasy sports contest; provides a definition for interactive fantasy sports gross revenue; makes related provisions.
In fantasy contests, further providing for prohibitions; in lottery, further providing for iLottery authorization; in interactive gaming, further providing for interactive gaming account credits, debits, deposits and payments; and, in sports wagering, further providing for authorization to conduct sports wagering.